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Updated RecentlyParcel Plus vs Fastway Couriers Canada Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Parcel Plus vs Fastway Couriers Canada including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $35,525 - $172,750 | $179,000 - And Up |
| Franchise Fee | $29,950 | $20,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | - |
| Year Founded | 1986 | 1983 |
| Year Franchised | 1988 | 1984 |
| Term Of Agreement | 15 years | - |
| Term Of Agreement | 15 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 32 hours Classroom Training: 80 hours Additional Training: Operational visit | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations |
International franchisees required to buy multiple units/master licenses; 3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Parcel Plus
Parcel Plus provides retail packaging, freight, cargo, crating and international shipping.
- Experience: You'll benefit from our over 30 years of experience.
- Company Culture: You are the entrepreneur of your own business. We help you fulfill that dream.
- Systems: Well developed systems help you manage and run your store.
- Marketing: You'll have access to Co-op Marketing Funds along with award-winning talent and expertise to drive an effective advertising campaign for your store.
- Training: A comprehensive training program will equip you with the tools you'll need to build your new business.
- Support: You'll have access 24 hours a day, 7 days a week to the support you'll need to help you grow your business.
- Commercial Center: $99,700 to $172,750
- Commercial Center-Conversion: $35,525 to $147,975
Veteran Incentives 20% off franchise fee
About Fastway Couriers Canada
Fastway Couriers, established in 1983, is the world's largest courier franchise system with 104 Regional Franchisees and 1,500 Courier Franchisees and serves a strong market niche untapped by other couriers. Sole Regional Franchise rights for each city are awarded to only one entrepreneur who enters the business of franchising, not package distribution. Cities are then divided into territories which are awarded to Courier Franchisees who conduct the actual distribution of packages.